Saturday, October 28, 2023 4:11:56 PM
Evergrande on 31Oct/1 Nov-watch for windup liquidation, the can has been kicked too far and nothing's left except a China government bailout or crash.
Country Garden yesterday popped an ISDA event at DTCC too. (ref: https://www.dtcc.com/-/media/Files/pdf/2023/10/27/TIW799.pdf) Seems to always be banks and big ticket items on Fridays. Let's watch on upcoming Fridays for banking events due to liquidity, bankruptcy, and associated rating changes; especially after rate changes. Week following seems to be prime margin call times.
1 Nov also has next rate hike on table (next is 13 Dec after that). Things about to get a lot tighter.
Wouldn't surprise me to see the shorts dry up on AMC since it's a no-win situation anymore and move to shorting the market in general instead since ripple effects are starting to propagate through the system. That means AMC goes... Hmmm
Tick Tock!
$AMC
IMO/NFA
IMO/NFA
Recent AMC News
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
